Remove Bidding Remove Price Remove Supply Chain Visibility
article thumbnail

Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Key Strategies for Enhancing Collaboration From efficiently negotiating terms on a bid to determining supplier capacity in a high-risk category, supplier collaboration works to your advantage.

article thumbnail

Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

It enables: Building stronger relationships with your key suppliers Competitive bidding, which optimises cost Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability Performing the appropriate pre-qualification of suppliers. What steps are involved in Source-to-Pay?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Struggling with bespoke purchases?

Claritum

Bespoke purchases can be sourced from a variety of suppliers at vastly differing prices, quality and approaches to corporate social responsibility. . Buying in this way means that organisations are offered no price leverages and end up paying higher prices. Often, with bespoke purchases, there is no supply chain visibility.

article thumbnail

How Machine Learning is Transforming Supply Chain Management

Una

Demand forecasting & inventory optimization Can we finally bid goodbye to overstocked warehouses and disappointed customers? Why Do We Need Supply Chain Visibility? It allows for enhanced decision-making, streamlined operations, and the ability to tackle challenges head on with precision.

article thumbnail

How is technology transforming global sourcing ?

Claritum

Do you have visibility of a global supply chain? If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers. Supply chain visibility is poor. %.

article thumbnail

Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procurement Software

Competitive bidding, which optimises cost. Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability. Integration with external, third party data for variables such as commodity pricing, ESG scores, credit checks, financial health and so on. PUT THIS INTO AN INFOGRAPHIC.

article thumbnail

Struggling with bespoke purchases?

Claritum

Bespoke purchases can be sourced from a variety of suppliers at vastly differing prices, quality and approaches to corporate social responsibility. Buying in this way means that organisations are offered no price leverages and end up paying higher prices. Often, with bespoke purchases, there is no supply chain visibility.